Call reports 2008
NEXITY BANK — 2008
What NEXITY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 994,874,000 | 1,095,080,000 | 1,079,152,000 | 1,057,240,000 |
| Total loans | 654,916,000 | 728,988,000 | 700,096,000 | 678,378,000 |
| Allowance for loan losses | 8,876,000 | 11,839,000 | 10,821,000 | 15,033,000 |
| Securities available for sale | 279,293,000 | 274,950,000 | 280,325,000 | 215,952,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 2,796,000 | 2,969,000 | 1,000,000 | 3,733,000 |
| Total deposits | 561,627,000 | 670,427,000 | 668,240,000 | 678,368,000 |
| Interest-bearing deposits | 553,861,000 | 655,729,000 | 654,244,000 | 657,717,000 |
| Noninterest-bearing deposits | 7,766,000 | 14,698,000 | 13,996,000 | 20,651,000 |
| Equity capital | 81,525,000 | 82,439,000 | 80,821,000 | 85,500,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 13,934,000 | 27,420,000 | 40,053,000 | 51,715,000 |
| Interest expense | 8,486,000 | 16,467,000 | 24,545,000 | 32,186,000 |
| Net interest income | 5,448,000 | 10,953,000 | 15,508,000 | 19,529,000 |
| Noninterest income | 3,422,000 | 6,188,000 | 7,973,000 | 10,850,000 |
| Noninterest expense | 6,676,000 | 13,587,000 | 19,541,000 | 25,699,000 |
| Provision for loan losses | 900,000 | 6,735,000 | 12,944,000 | 28,650,000 |
| Pretax income | 1,419,000 | -3,056,000 | -8,796,000 | -20,081,000 |
| Income tax | 421,000 | -1,645,000 | -4,055,000 | -8,700,000 |
| Net income | 998,000 | -1,411,000 | -4,741,000 | -11,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,430,000 | 84,826,000 | 81,595,000 | 75,554,000 |
| Total capital | 87,305,000 | 96,462,000 | 93,753,000 | 87,526,000 |
| Risk-weighted assets | 843,355,000 | 930,740,000 | 883,468,000 | 847,260,000 |